Company Overview of Citibank (China) Co. Ltd.
Citibank (China) Co. Ltd. offers mutual funds for retail investors in China. It provides cap-value funds, small-cap and micro-cap funds, regional equity funds, global equity and multistrategy funds, and global high-yield-bond funds. The company also offers investment unit-linked insurance; and cash management, trade finance and services, loans and syndication, FX transactions, project finance and structured finance, and other financial products. In addition, it provides banking and wealth management services, including cash management, E-banking, structured corporation financing, and market research and analysis to corporate and individual customers; and Renminbi (RMB) and foreign currency p...
No.33 Hua Yuan Shi Qiao Road
Lu Jia Zui Finance and Trade Area
Founded in 2007
Key Executives for Citibank (China) Co. Ltd.
Chairman of the Board and Chief Executive Officer
Compensation as of Fiscal Year 2014.
Citibank (China) Co. Ltd. Key Developments
Citibank (China) Co., Ltd. Opens Its New Dalian Branch
Mar 28 14
Citibank (China) Co. Ltd. announced the opening of its new Dalian branch. The new location is at the city's Donggang Central Business District (CBD), and Citi is the first foreign bank in the area. The new branch incorporates smart banking branch features that will enhance customer experience, meet the diverse needs of corporate and individual clients in Dalian, as well as strengthen support for the northeast China's economy.
Citi China Launches Automated Solution for RMB Cross Border Settlement
Aug 8 13
Citi China has launched an automated solution for RMB cross border settlements. The bank has become the first international bank to launch a paperless processing solution for renminbi cross border settlement. This follows a series of measures aimed at simplifying the cross border renminbi settlement process announced by the People's Bank of China (PBoC) on July 10, 2013. The bank said that by connecting the bank's electronic banking solution to the balance of payment declaration (BOP) system operated by the State Administration of Foreign Exchange (SAFE), transactions can be completed entirely electronically, resulting in a reduction of manual error, processing cost and risk.
Citibank (China) Co. Ltd. Launches Manulife Teda Sector Select Equity Fund and Invesco Great Wall Domestic Demand Growth II Fund
Jul 18 13
Citibank (China) Co. Ltd. announced that it has successfully conducted first transaction and become the first foreign bank to launch domestic mutual fund business. There are two funds in the first transaction - Manulife Teda Sector Select Equity Fund and Invesco Great Wall Domestic Demand Growth II Fund. The service will be made available to local residents through Citi China outlets in phases. Domestic Mutual fund service will soon be available to corporate and institutional clients of Citi China.
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